Yıl: 2020 Cilt: 16 Sayı: 1 Sayfa Aralığı: 13 - 26 Metin Dili: İngilizce İndeks Tarihi: 08-01-2021

TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS

Öz:
The compensation hypothesis has been examined throughout the literature, but there is limitedresearch testing whether the validity of this hypothesis varies between low- and high-classificationcountries. Thus, the present paper extends the analysis to examine whether or not the relationshipbetween openness and government size fluctuates across low- and high-classification countries.The classifications are based on foreign direct investment, current account, portfolio investmentand income. By using a panel of 145 countries over the period 1970-2017, this paper provides robustempirical evidence about the validity of the compensation hypothesis. Regardless of the countries’classifications, the empirical results do not differ and they confirm the compensation hypothesisproposed by Rodrik (1998).
Anahtar Kelime:

PANEL VERİ ANALİZİ İLE TELAFİ HİPOTEZİNİN GEÇERLİLİĞİNİN SINANMASI

Öz:
Telafi hipotezi (compensation hypothesis) literatürde birçok çalışmada incelenmiştir, ancak bu hipotezin geçerliliğinin farklı ülke özelliklerine göre değişip değişmediğine dair sınırlı sayıda çalışma bulunmaktadır. Dolayısıyla, bu çalışmada dışa açıklık ve kamu harcamalarının büyüklüğü arasındaki ilişkinin nasıl farklılık gösterdiği analiz edilmiştir. Farklı ülke özellikleri için doğrudan yabancı sermaye yatırımları, cari açık, portföy yatırımları, kişi başı milli gelir temel alınmıştır. Çalışma 1970-2017 dönemine ait 145 ülkeden oluşan panel veri seti kullanarak telafi hipotezinin geçerliği hakkında güçlü ampirik kanıtlar sunmaktadır. Bulgular telafi hipotezinin geçerliğinin farklı ülke özelliklerine göre değişmediğini göstererek Rodrik (1998) tarafından geliştirilen telafi hipotezinin geçerliliğini doğrulamaktadır
Anahtar Kelime:

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APA YALAMAN G (2020). TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. , 13 - 26.
Chicago YALAMAN Gamze ÖZ TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. (2020): 13 - 26.
MLA YALAMAN Gamze ÖZ TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. , 2020, ss.13 - 26.
AMA YALAMAN G TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. . 2020; 13 - 26.
Vancouver YALAMAN G TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. . 2020; 13 - 26.
IEEE YALAMAN G "TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS." , ss.13 - 26, 2020.
ISNAD YALAMAN, Gamze ÖZ. "TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS". (2020), 13-26.
APA YALAMAN G (2020). TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. Ekonomik ve Sosyal Araştırmalar Dergisi, 16(1), 13 - 26.
Chicago YALAMAN Gamze ÖZ TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. Ekonomik ve Sosyal Araştırmalar Dergisi 16, no.1 (2020): 13 - 26.
MLA YALAMAN Gamze ÖZ TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. Ekonomik ve Sosyal Araştırmalar Dergisi, vol.16, no.1, 2020, ss.13 - 26.
AMA YALAMAN G TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. Ekonomik ve Sosyal Araştırmalar Dergisi. 2020; 16(1): 13 - 26.
Vancouver YALAMAN G TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS. Ekonomik ve Sosyal Araştırmalar Dergisi. 2020; 16(1): 13 - 26.
IEEE YALAMAN G "TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS." Ekonomik ve Sosyal Araştırmalar Dergisi, 16, ss.13 - 26, 2020.
ISNAD YALAMAN, Gamze ÖZ. "TESTING THE VALIDITY OF THE COMPENSATION HYPOTHESIS BY USING PANEL DATA ANALYSIS". Ekonomik ve Sosyal Araştırmalar Dergisi 16/1 (2020), 13-26.